Globex Mining Enterprises wishes to inform shareholders that the Globex/Agnico Eagle 50-50 JV in Cadillac Township, Quebec has been terminated. The joint venture was started in 2004 between Globex and Queenston Mining Inc. Following a number of transactions, Agnico Eagle Mines Limited acquired Queenston’s 50% working interest in the joint venture [...]
Globex Mining Enterprises is pleased to announce that all five nominees listed in its 2022 management information circular were re-elected as directors at Globex’s annual and special meeting of shareholders held today in Rouyn-Noranda. At the meeting, the following individuals were re-elected as directors of Globex on a vote by ballot, with the [...]
Globex Mining Enterprises is pleased to update shareholders on drill results announced by Maple Gold Mines on the Eagle Mine property under option from Globex. Maple has completed a Phase 1 drill program of 8 holes totaling 4,462 metres. “to test potential extensions of mineralization along the past producing Eagle-Telbel Trend. Importantly [...]
Globex Mining Enterprises is pleased to report that Excellon Resources has announced the extension to September 30, 2025 of the 164 km2 Bräunsdorf exploration license, composing part of the 340 km2 Silver City Project in Saxony, Germany. “The Bräunsdorf License optioned from Globex was the first piece of Excellon’s Silver City Project and has been [...]
Globex Mining Enterprises is pleased to report on gold assays announced by Orford Mining on the Joutel Eagle Property along the historical Eagle-Telbel Trend in the Abitibi Greenstone Belt. Two drill holes bearing 30° were completed across the northwest trending South Gold mineralized system in an area of historical drilling where historical drill [...]
Globex Mining Enterprises is pleased to inform shareholders that Cartier Resources has announced that InnovExplo Inc. have been awarded a mandate to estimate the gold resources of the Nordeau West deposit located 450 metres east of Cartier’s Chimo Mine. Philippe Cloutier, President and CEO of Cartier Resources commented, “This new resource estimate [...]
Globex Mining Enterprises is pleased to provide an update, as issued today by Labyrinth Resources, on Globex’s Labyrinth (Russian Kid) gold mine royalty project in Dasserat township, Quebec. Globex retains a 5% Gross Metal Royalty on the first 25,000 oz. gold, etc. produced from the property and 3% Gross Metal Royalty thereafter. Labyrinth reported [...]
Globex Mining Enterprises is pleased to provide a brief update on the latest drill result announced by Starr Peak Mining Ltd. on Globex’s NewMétal property, Normetmar Zone, at Normetal. On May 19, 2022 Starr Peak announced assays from hole STE-22-092-W2 which intersected 5.03% zinc equivalent over 12.5 metres. In addition, they indicated that a [...]
lobex Mining Enterprises is pleased to inform shareholders that today Starr Peak Mining Ltd. issued an extensive press release in which it reported the following: Deep drilling of the Normetmar trend in hole STE-21-92-W3 has intersected a high-grade copper interval of over 15% chalcopyrite mineralization over 3.7 m. Chalcopyrite is a copper [...]
Globex Mining Enterprises is pleased to provide a brief update of progress by Manganese X Energy on Globex’s Battery Hill royalty asset and by Orford Mining Corporation on the Joutel Eagle property under option from Globex. Manganese X Energy Corp. reported results of their Preliminary Economic Assessment (PEA) on the Battery Hill Manganese project [...]
Globex Mining Enterprises is pleased to provide the following update by Maple Gold released today on exploration drilling undertaken on the Eagle Gold Mine property under option from Globex and announced on July 19, 2021. Phase one of eight drill holes has been completed and a phase 2 drilling program is being permitted. Assays are pending. Below [...]
Globex Mining Enterprises Inc. is pleased to provide an update as reported by Labyrinth Resources on Globex's Labyrinth royalty property in Dasserat township, Quebec . Globex retains a 5% Gross Metal Royalty on the first 25,000 oz of gold production from the property and a 3% Gross Metal Royalty on all production thereafter. The highlights of the [...]